Notification Center

This is our new notification center. Inside, you will find updates on the most important things happening right now.

Notifications

Hmm, push notifications seem to be disabled in your browser. You can enable them from the 'Settings' icon in the URL bar of your browser.

www.phonearena.com

AT&T to buy BellSouth for $67 billion

1

AT&T Inc., formerly SBC and BellSouth Corp. announced that they have reached an agreement AT&T to buy BellSouth for $67 billion. The merger of the two companies, which own respectively 60 % and 40 % of Cingular Wireless will transfer the management and control of the the nation's largest wireless carrier to AT&T. The combined company, using the Cingular, BellSouth and AT&T networks, will be able to offer customers new services as well as expanded service capabilities. AT&T has also announced that after the merger, it is planning to employ a single brand (currently, the three companies support three distinct brands), although they did not clearly state whether Cingular will be re-branded AT&T Wireless or not. The merger, which is still subject to approval by shareholders of both companies as well as regulatory authorities, is expected to be closed down within approximately 12 months.

 

 

Source: BellSouth Corp.

New reasons to get excited every week

Get the most important news, reviews and deals in mobile tech delivered straight to your inbox

FCC OKs Cingular\'s purchase of AT&T Wireless